Tag Archives: home and business up for collateral

New Bedford fishing magnate Carlos Rafael will be allowed to return to his Dartmouth home under strict bond conditions and to continue working while facing federal conspiracy and falsification charges, a judge ruled Wednesday. Rafael and his wife agreed to place their home on Tucker Road in North Dartmouth and the Carlos Seafood building, on South Front Street in New Bedford, as collateral for the $1 million bond. Prosecutors said the total value of the two properties is about $900,000. Magistrate Judge David H. Hennessy warned Rafael sternly during his detention hearing in U.S. District Court in Worcester that any violation of his bond could result in a warrant for his arrest and the loss of his home and business property. Read the rest here 16:51

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here